Singapore’s DBS plans to sell 10-year tier 2 euro notes

By Rebecca Melvin

New York, April 4 – DBS Group Holdings Ltd. plans to price euro-denominated 10-year tier 2 notes under Regulation S, according to a market source.

The notes will be non-callable for five years.

DBS Bank Ltd., Deutsche Bank, ING, Lloyds Bank and Societe Generale CIB are bookrunners of the deal.

DBS bank is a Singapore-based financial services group.

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